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Biotech / Medical : Cistron Biotechnology(CIST)$.30 -- Ignore unavailable to you. Want to Upgrade?


To: Zvi Yammer who wrote (1253)7/7/1998 8:57:00 PM
From: Phil Cressman  Read Replies (1) | Respond to of 2742
 
If price slips on open tomorrow I'll be in buying more. I figure Big Bio's normally go for a 20% premium to market when buying a position such as CIST agreed upon. That means a current fair market value of at least 60 cents anything less is a good deal.

Thanks Zvi for details on use as adjuvant, hopefully more info will be forthcoming from CIST on this deal. Up to $30,000,000 in milestone payments doesn't look like a fast track however more like a multi year program.